Uranium One Enters into Definitive Agreement to Acquire Christensen Ranch and Irigaray in Wyoming
Uranium One Inc. announced that it has entered into a definitive agreement to acquire 100% of the MALCO Joint Venture (“MALCO”) from wholly-owned subsidiaries of AREVA and EDF for US$ 35 million in cash. The assets of MALCO include the licensed and permitted Irigaray ISR central processing plant, the Christensen Ranch satellite ISR facility and associated U(3)O(8) resources located in...
Uranium Energy Corp Completes Filing of Final Permit Applications for the Goliad ISR Project in South Texas
Uranium Energy Corp announce that the Company has filed all permit applications for In-Situ Recovery of uranium at the Company’s flagship Goliad Project in South Texas. On December 1, Uranium Energy filed a Radioactive Material License Application (RMLA) and a Permit by Rule Application (PBRA) with the Texas Commission on Environmental Quality (TCEQ), the final two applications that needed to...
Natural Gas Summit Keynote Speaker Says Marcellus Find May Be Larger than Earlier Estimate
Terry Engelder, professor of geosciences in Penn State’s College of Earth and Mineral Sciences, who recently announced that the Marcellus natural gas find is potentially larger than his earlier estimates, will be a keynote speaker at the upcoming Pennsylvania Natural Gas Summit, an outreach program of Penn State. The summit will be held at the Ramada Conference Center in State College on Dec....
Infinity Enters Into Third Forbearance Agreement With Amegy Bank, N.A.
Infinity Energy Resources, Inc., an independent oil and gas exploration and development company, today announced that it has entered into a Third Forbearance Agreement (“the Agreement”) dated October 16, 2008 with Amegy Bank, N.A. (“Amegy”) under the Loan Agreement dated January 9, 2007, as amended and supplemented (the “Loan Agreement”). “We are very pleased...
Uranium Energy Corp Makes Progress with Permitting at the Goliad ISR Project
Uranium Energy Corp announce that it has filed two Class I Non-hazardous Waste Disposal Well Applications (WDWA) with the Texas Commission on Environmental Quality (TCEQ) for the Company’s Goliad ISR Uranium Project in South Texas. The on-site wells will be used for the disposal of fluids associated with uranium recovery and aquifer restoration activities. As with the previously filed Mine Permit...
Mariner Energy, Inc. Adopts Stockholder Rights Plan
Mariner Energy, Inc. announced that its Board of Directors has adopted a Rights Plan providing for a dividend distribution of one Right for each outstanding share of Mariner’s common stock to holders of record at the close of business on October 23, 2008. The Rights Plan would be triggered if an acquiring party accumulates 10% or more of Mariner’s common stock and would entitle holders...
Shell Notifies Employees of Internal Data Misuse by Contractor
Shell has taken steps to notify current and former US employees of a misuse of some employee data. Shell discovered that four of its employees’ social security numbers were used to file false unemployment compensation claims with the Texas Workforce Commission (TWC). Shell’s investigation has led it to believe that an employee of a third-party agency conducting work for Shell misused the...
Kinder Morgan Energy Partners and Energy Transfer Partners Announce Customer Commitments for New Pipeline Project
Kinder Morgan Energy Partners, L.P. and Energy Transfer Partners, L.P. announced the two companies have entered into a 50/50 joint venture, Fayetteville Express Pipeline, LLC (FEP), to develop a new pipeline. The approximately 187-mile pipeline will originate in Conway County, Ark., continue eastward through White County, Ark., and terminate at an interconnect with Trunkline Gas Company in Quitman...
Chief Oil & Gas Welcomes Delivery of New Drilling Rig
Chief Oil & Gas and Union Drilling, Inc. unveiled the new AC QuickSilver drilling system in Lycoming County, Pennsylvania, the first-of-its-kind rig designed for horizontal natural gas drilling in the Marcellus Shale. “This is an exciting time for Chief Oil & Gas and the Commonwealth of Pennsylvania,” said William Buckler, Senior Vice President of Operations for Chief Oil &...
Thunder Mountain Gold Provides an Update on Exploration Activities at Their South Mountain Property
Thunder Mountain Gold, Inc., announced that Thunder Mountain Resources, Inc., a wholly-owned subsidiary, is advancing its planned exploration program at their South Mountain Mine, Owyhee County, Idaho. The 2008 program consists of core drilling from the surface and opening the 4,000-foot long Sonneman Tunnel so that underground sample results conducted during the period 1950 through 1985 can be confirmed....
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Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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